Lendefi, an undercollateralized lending protocol constructed on the Binance Good Chain, introduced that it has signed an settlement with Chainsulting to handle and develop the Lendefi protocol beginning August 1st.

Not too long ago, Lendefi launched its testnet for public utilization of the platform and is transferring swiftly in the direction of its mainnet launch on the Binance Good Chain.

Throughout this crucial roadmap stage, Lenefi determined to have interaction Chainsulting as its new expertise companion. Particularly, Chainsulting will oversee the mainnet deployment; making certain that greatest safety practices are adopted for the safety of the Lendefi protocol. Chainsulting will probably be offering help and upkeep of Lendefi’s protocol within the runup to the mainnet launch and past.

Lendefi + Chainsulting

Chainsulting is a German firm specializing in distributed ledger expertise (DLT) and digital belongings. The corporate was based in 2017 by its managing administrators Florian Protschka and Yannik Heinze. Companies embrace growth, consulting, safety audits, and analysis inside the blockchain house.

Earlier shoppers of Chainsulting have included 1inch, Unicrypt, and DIA. The corporate’s monitor document spans 4 years and over 150 shoppers.

“We’re happy to have engaged Chainsulting for Lendefi’s future growth and protocol administration. I imagine they’ve the expertise, experience and safety data to take Lenedefi to mainnet and completion of the roadmap.”
– Scott Schulz, CEO of Lendefi

Anticipated to be full inside the subsequent few weeks…switching growth of Lendefi’s protocol from BLABS to Chainsulting is now underway.

“Chainsulting is worked up to be working with Lendefi to convey them in the direction of mainnet and past.”
– Yannik Heinze, Growth Govt at Chainsulting

The Lendefi protocol goals to ship leveraged buying and selling and secured lending for cryptocurrency markets. Using an undercollateralized mortgage mannequin, Lendefi facilitates a trustless relationship between lender and borrower, all managed by the protocol to take away counterparty threat.

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